Topic: How To Invest

What is Pat’s commentary for the week of October 27, 2020

Article Excerpt

Here’s the text of the most-recent letter I sent to our Portfolio Management clients earlier this month: “The upcoming November 3 U.S. Presidential election has rattled a lot of investors. Regardless of who they support, many are braced for an unpleasant outcome. Some worry about election fraud and legal battles that could drag on for months. Others worry about big tax increases after the election. Many fear all this could spark a sharp market downturn. Of course, nobody knows which side will win. Even if you knew, you can only guess at how the stock market will react. But many investors are disregarding a number of positives we look forward to with some confidence in 2021. Things we expect in 2021 and beyond Interest rates will stay low. Rates are likely to stay near current low levels well into 2021, regardless of who wins the election. This is firm government policy around the world, and it helps the stock market directly. When bonds have…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.